Coinbase And Industry Leaders File Amicus Brief In Support Of Grayscale Spot Bitcoin ETF

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The brief calls attention to the SEC’s continued denial of spot bitcoin ETF while the regulator simultaneously approves bitcoin futures products. Coinbase filed an amicus brief supporting Grayscale Investments’ continued efforts to launch a spot-bitcoin exchange-traded fund (ETF), per a court filing. Amicus briefs, or an amicus curiae, occurs when an organization or individual who is not involved in a court case believes they can offer expertise that could be valuable to a court’s determination by providing information. The brief, submitted to to the U.S. Court of Appeals for ...

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